Sean Combs and Colin Kaepernick are serious about buying Carolina Panthers

It seems that Sean “Diddy” Combs is making a serious play to buy the Carolina Panthers and the rapper is ready to set up meetings with potential investors that include Colin Kaepernick. He has had a long phone call with the ex-football star and philanthropist who wants to play a role in the ownership of the team.

On Sunday, Combs said he was looking to purchase the NFL team after current owner Jerry Richardson let it be known that he is putting his controlling share up for sale. Kaepernick also said he was interested and started making his own plans this week.

27 PHOTOS
Colin Kaepernick through his career
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Colin Kaepernick through his career
LAS VEGAS - OCTOBER 02: Quarterback Colin Kaepernick #10 of the Nevada Reno Wolf Pack celebrates with fans after defeating the UNLV Rebels 44-26 at Sam Boyd Stadium October 2, 2010 in Las Vegas, Nevada. (Photo by Ethan Miller/Getty Images)
30 December 2008: Nevada Wolf Pack quarterback Colin Kaepernick (10) in the Roady's Humanitarian Bowl held at Bronco Stadium in Boise, ID. (Photo by Steve Conner/Icon SMI/Icon Sport Media via Getty Images)
SAN FRANCISCO, CA - CIRCA 2011: In this handout image provided by the NFL, Colin Kaepernick of the San Francisco 49ers poses for his NFL headshot circa 2011 in San Francisco, California. (Photo by NFL via Getty Images)
MOBILE, AL - JANUARY 29: Colin Kaepernick #10 #10 of the North Team scrambles out of the pocket while taking on the South Team during the fourth quarter of the Under Armour Senior Bowl on January 29, 2011 at Ladd-Pebbles Stadium in Mobile, Alabama. (Photo by Sean Gardner/Getty Images for Under Armour)
NEW ORLEANS, LA - AUGUST 12: Colin Kaepernick # 7 of the San Francisco 49ers defends as his team plays the New Orleans Saints during their pre season game at Louisiana Superdome on August 12, 2011 in New Orleans, Louisiana. (Photo by Sean Gardner/Getty Images)
SAN DIEGO, CA - SEPTEMBER 1: Quarterback Colin Kaepernick #7 of the San Francisco 49ers throws the ball from the pocket against the San Diego Chargers during their preseason NFL Game on September 1, 2011 at Qualcomm Stadium in San DIego, California. (Photo by Donald Miralle/Getty Images)
SAN FRANCISCO, CA - OCTOBER 18: Quarterback Colin Kaepernick #7 of the San Francisco 49ers throws before a game against the Seattle Seahawks on October 18, 2012 at Candlestick Park in San Francisco, California. The 49ers won 13-6. (Photo by Brian Bahr/Getty Images)
SAN FRANCISCO, CA - DECEMBER 09: Colin Kaepernick #7 of the San Francisco 49ers runs down the field in between plays during their game against the Miami Dolphins at Candlestick Park on December 9, 2012 in San Francisco, California. (Photo by Ezra Shaw/Getty Images)
SAN FRANCISCO, CA - JANUARY 12: Quarterback Colin Kaepernick #7 of the San Francisco 49ers celebrates after running in a touchdown in the first quarter against the Green Bay Packers during the NFC Divisional Playoff Game at Candlestick Park on January 12, 2013 in San Francisco, California. (Photo by Harry How/Getty Images)
ATLANTA, GA - JANUARY 20: Quarterback Colin Kaepernick #7 of the San Francisco 49ers hugs a teammate as they celebrate in the locker room after the 49ers defeat the Atlanta Falcons 28-24 in the NFC Championship game at the Georgia Dome on January 20, 2013 in Atlanta, Georgia. (Photo by Kevin C. Cox/Getty Images)
Quarterback Colin Kaepernick of the San Francisco 49ers answers questions on his tattoos during Super Bowl Media Day on Tuesday, January 29, 2013, in New Orleans, Louisiana.. (George Bridges/MCT via Getty Images)
NEW ORLEANS, LA - FEBRUARY 03: Colin Kaepernick #7 of the San Francisco 49ers warms up against the Baltimore Ravens during Super Bowl XLVII at the Mercedes-Benz Superdome on February 3, 2013 in New Orleans, Louisiana. (Photo by Christian Petersen/Getty Images)
SANTA MONICA, CA - FEBRUARY 09: Professional football player/presenter Colin Kaepernick attends the Third Annual Hall of Game Awards hosted by Cartoon Network at Barker Hangar on February 9, 2013 in Santa Monica, California. 23270_002_SK_0224.JPG (Photo by Stefanie Keenan/WireImage)
SAN FRANCISCO, CA - AUGUST 08: Colin Kaepernick #7 of the San Francisco 49ers runs onto the field for their preseason NFL game against the Denver Broncos at Candlestick Park on August 8, 2013 in San Francisco, California. (Photo by Ezra Shaw/Getty Images)
SAN FRANCISCO, CA - AUGUST 25: Colin Kaepernick #7 of the San Francisco 49ers scrambles away from the rush of Fred Evans #90 of the Minnesota Vikings in the first quarter at Candlestick Park on August 25, 2013 in San Francisco, California. (Photo by Thearon W. Henderson/Getty Images)
ST. LOUIS, MO - SEPTEMBER 26: Colin Kaepernick #7 of the San Francisco 49ers warms up before a game against the St. Louis Rams at the Edward Jones Dome on September 26, 2013 in St. Louis, Missouri. (Photo by Michael Thomas/Getty Images)
NASHVILLE, TN - OCTOBER 20: Colin Kaepernick #7 of the San Francisco 49ers runs the ball in the first half against the Tennessee Titans at LP Field on October 20, 2013 in Nashville, Tennessee. (Photo by Wesley Hitt/Getty Images)
NASHVILLE, TN - OCTOBER 20: Quarterback Colin Kaepernick #7 of the San Francisco 49ers reacts during a NFL game against the Tennessee Titans at LP Field on October 20, 2013 in Nashville, Tennessee. (Photo by Ronald C. Modra/Sports Imagery/ Getty Images)
SEATTLE, WA - JANUARY 19: Quarterback Colin Kaepernick #7 of the San Francisco 49ers walks off the field after losing to the Seattle Seahawks 23-17 during the 2014 NFC Championship at CenturyLink Field on January 19, 2014 in Seattle, Washington. (Photo by Christian Petersen/Getty Images)
SANTA CLARA, CA - NOVEMBER 02: Colin Kaepernick #7 of the San Francisco 49ers looks on from the sidelines against the St. Louis Rams during the third quarter at Levi's Stadium on November 2, 2014 in Santa Clara, California. (Photo by Thearon W. Henderson/Getty Images)
DENVER, CO - AUGUST 29: Quarterback Colin Kaepernick #7 of the San Francisco 49ers warms up prior to facing the Denver Broncos during preseason action at Sports Authority Field at Mile High on August 29, 2015 in Denver, Colorado. (Photo by Doug Pensinger/Getty Images)
20 September 2015: San Francisco 49ers Quarterback Colin Kaepernick (7) [16242] in action during a game between the San Francisco 49ers and the Pittsburgh Steelers at Heinz Field in Pittsburgh, PA. (Photo by Robin Alam/Icon Sportswire/Corbis via Getty Images)
SANTA CLARA, CA - OCTOBER 18: Quarterback Colin Kaepernick #7 of the San Francisco 49ers warms up prior to playing the Baltimore Ravens in their NFL game at Levi's Stadium on October 18, 2015 in Santa Clara, California. (Photo by Ezra Shaw/Getty Images)
MIAMI GARDENS, FL - NOVEMBER 27: Colin Kaepernick #7 of the San Francisco 49ers fires the team up on the field prior to the game against the Miami Dolphins at Hard Rock Stadium on November 27, 2016 in Miami Gardens, Florida. The Dolphins defeated the 49ers 31-24. (Photo by Michael Zagaris/San Francisco 49ers/Getty Images)
LOS ANGELES, CA - DECEMBER 24: Colin Kaepernick #7 of the San Francisco 49ers warms up before the game against the Los Angeles Rams at Los Angeles Memorial Coliseum on December 24, 2016 in Los Angeles, California. (Photo by Harry How/Getty Images)
SANTA CLARA, CA - JANUARY 1: Eric Reid #35, Colin Kaepernick #7 and Eli Harold #58 of the San Francisco 49ers kneel on the sideline, during the anthem, prior to the game against the Seattle Seahawks at Levi Stadium on January 1, 2017 in Santa Clara, California. The Seahawks defeated the 49ers 25-23. (Photo by Michael Zagaris/San Francisco 49ers/Getty Images)
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Will “shared vision” become reality?

Sources say that Kaepernick has started reaching out to business leaders, venture capitalists and sports icons to talk about setting up and ownership group. One source stated that the quarterback had a “shared vision” with hip-hop mogul Combs to create an ownership group that represents the racial makeup of the league’s players. The league is 70 percent black and as of today, the NFL has never had a black majority ownership group.

“The interest is real and it’s moving forward,” the source said of Combs and Kaepernick working to form this group. “They want to make this a reality. It’s serious.”

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Richardson’s move to sell the Panthers follows reports that he engaged in workplace misconduct.

10 PHOTOS
Panthers owner Jerry Richardson
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Panthers owner Jerry Richardson
Feb 7, 2016; Santa Clara, CA, USA; Carolina Panthers owner Jerry Richardson walks on the field before Super Bowl 50 against the Denver Broncos at Levi's Stadium. Mandatory Credit: Matthew Emmons-USA TODAY Sports
(L-R) Pittsburgh Steelers owner Dan Rooney, new NFL commissioner Roger Goodell, retiring commissioner Paul Tagliabue, and Carolina Panthers owner Jerry Richardson pose after Goodell was named the league's new chief executive in Northbrook, Illinois, August 8, 2006. REUTERS/John Gress (UNITED STATES)
Jerry Richardson, owner of the Carolina Panthers, makes a statement after negotiations collapsed between the National Football League (NFL) and National Football League Players' Association (NFLPA) in Washington March 11, 2011. The last real hope for a quick end to the dispute ended when the union representing the players (NFLPA) filed a court application to dissolve itself after failing to reach an agreement with league and owners over a range of issues. REUTERS/Joshua Roberts (UNITED STATES - Tags: SPORT FOOTBALL EMPLOYMENT BUSINESS)
Carolina Panthers team owner Jerry Richardson, right, arrives in the owner's box at Bank of America Stadium on Sunday, Dec. 17, 2017 prior to the team's game against the Green Bay Packers. Sports Illustrated reported Sunday that at least four former Carolina Panthers employees have received 'significant' monetary settlements as a result of inappropriate workplace comments and conduct by owner Jerry Richardson The conduct, Sports Illustrated reported, included 'sexually suggestive language and behavior, and on at least one occasion directing a racial slur at an African-American Panthers scout.' (Jeff Siner/Charlotte Observer/TNS via Getty Images)
CHARLOTTE, NC - NOVEMBER 17: The Carolina Panthers owner Jerry Richardson shakes hands with Corey Brown #10 of the Carolina Panthers before their game against the New Orleans Saints at Bank of America Stadium on November 17, 2016 in Charlotte, North Carolina. (Photo by Grant Halverson/Getty Images)
CHARLOTTE, NC - JANUARY 24: (L-R) Head coach Ron Rivera and owner Jerry Richardson of the Carolina Panthers smile after defeating the Arizona Cardinals with a score of 49 to 15 in the NFC Championship Game at Bank of America Stadium on January 24, 2016 in Charlotte, North Carolina. (Photo by Streeter Lecka/Getty Images)
CHARLOTTE, NC - JANUARY 24: (L-R) Retired American professional stock car racing driver Jeff Gordon talks with Carolina Panthers owner Jerry Richardson prior to the NFC Championship Game between the Arizona Cardinals and the Carolina Panthers at Bank of America Stadium on January 24, 2016 in Charlotte, North Carolina. (Photo by Kevin C. Cox/Getty Images)
CHARLOTTE, NC - JANUARY 24: Team Owner Jerry Richardson (R) of the Carolina Panthers is interviewed by Terry Bradshaw after the NFC Championship Gameagainst the Arizona Cardinals at Bank Of America Stadium on January 24, 2016 in Charlotte, North Carolina. (Photo by Scott Cunningham/Getty Images)
Dallas Cowboys owner Jerry Jones and Carolina Panthers owner Jerry Richardson talk prior to game time at Bank of America Stadium in Charlotte, North Carolina on Sunday, October 21, 2012. The Dallas Cowboys defeated the Carolina Panthers, 19-14. (Jeff Siner/Charlotte Observer/MCT via Getty Images)
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The high cost of ownership

Richardson owns 48 percent of the franchise and the rest is owned by multiple investment partners. Based on the power structure that was established by the founding partnership whoever buys his share will have controlling interest over the Panthers.

The question remains as to whether Combs will be able to put up the funds outright to purchase the team. Forbes has said that the Panthers are the 21st most valuable team in the NFL with a valuation of 2.3 billion. Due to the fact that worth tends to go up when a team is being sold, a 100 percent sale of the team would be estimated to be at least $2.5 billion with Richardson’s share being around $1.2 billion.

Forbes has also put out that Combs' net worth is $820 million and that is not all liquid assets. He will need to find other investors or sell off large amounts of his current investment holdings as well as take out loans to cover the rest of the cost to buy the Panthers.

The post Sean Combs and Colin Kaepernick are serious about buying Carolina Panthers   appeared first on theGrio.

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